MD KWSB for better financial discipline

KARACHI: Managing Director Karachi Water & Sewerage Board (KWSB) Misbahuddin Fareed on Monday directed the finance department to establish financial discipline to create lucidity in all the matters.

“Priorities should be set for payments and expenditures. Salaries, pensions and medical aids should be set in first priorities. Restructuring should be made as per need in the department.

Responsibilities should be given to able persons and change should be brought from low level,” he said while briefing on financial issues.

Deputy director finance, deputy MD finance, deputy MD human resources, director accounts and director finance were also present on the occasion.

The MD KWSB said suggestions should be made for strong financial planning. Recovery of revenue should be ensured. Payment to contractors should be made even.

“Proper usage of budget is responsibility of officers so that KWSB could become strong and its system better,” he said.

He said wastage of money should be avoided and standard of development works should be improved.